Lots of acrage, not much for sale.

Let's say the main house is 60% of the asset, you can then exchange 60% of the value of your sale into another rental property and pocket 40% of the gains under your tax exemption.

Average DOM as of last month is 41 days with a median sales price of $415k. 

Will I be able to "capture" that depreciation to decrease my capital gains from the sale? 

We did it differently so our books were different but I would not book it as a journal entry but as a sale of the asset but not close it out on the balance sheet.

I am also in a similar boat but finding it hard to find another deal that at leats equals current cash flow, also any thoughts on where to park the sales proceeds until finding another deal? 

A property like that doesn't come for sale often.  

To assess the viability of this deal, I utilized comparable property sales (comps) and projected potential cash flow through a profit and loss analysis (P&L).

Does this vary between force of sale provinces like Ontario and judicial foreclosure provinces like Quebec and BC?

Does anyone know the process and timeframe for obtaining an Insurable Title after a tax sale in NV?